Woodmansterne Lane, Woodmansterne, Surrey SM7 3NL Registered Charity Number 1150826
Statement of the Final Accounts for the Year Ending 31 December 2021
St Peter’s Church Woodmansterne
Trustees Report
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The purpose of the charity is to invite and welcome others to "come and see” (John 1.39) who Jesus Christ is.
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A summary of the main activities and achievements of the Charity is contained in the Secretary’s Report to the APCM.
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The Charity is a public benefit entity.
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The List of Names of the Trustees is shown in Appendix I
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Recruitment and appointment of new Trustees occurs through the Annual Parish Church Meeting.
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The policy adopted by the Charity to determine the appropriate level of reserves is as follows;
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a. Consider the level of funds at any one time listed as Restricted and Designated
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b. Review the ongoing commitments for the next three months
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c. Ensure that there are sufficient funds available to meet these commitments having ring fenced those funds in ‘a’ above.
Financial Review of 2021
Total receipts for the year were £88,651 (2020 - £160,353) of which £4,910 represented restricted income, with total expenditure of £123,890 (2020 - £130,657), of which £16,539 was restricted expenditure.
Net expenditure for the year amounted to £35,239 (2020 net income £29,695) of which net expenditure of £11,629 was from restricted funds.
As at 31[st] December the Church had monetary funds of £88,703 (2020 - £123,942) of which £38,910 were restricted funds (2020 - £50,553).
Explanatory Notes to be read in conjunction with the accounts
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Regular Giving – comprises plate collections at services, covering both cash and the weekly envelopes scheme. It also includes money received through standing orders.
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HMRC - Gift Aid recovered on any giving where the giver is known, is a tax payer and has completed the appropriate Declaration. Also includes Gift Aid recovered through the Gift Aid Small Donations Scheme (GASDS) on unidentified cash donations where applicable.
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Mission receipts - Money recovered for Bible Reading Notes, the Bishop’s Lent Appeal, collections at events for Messy Church and Bible Society.
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Donations - Lump sum donations or grants, often with a specific project in mind.
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Bus Stop Café (BSC) – income and expenditure from the sale of food and drinks at the weekly cafe.
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Bank Interest – as the Bank Account Summary - attached as Appendix II.
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Ralph Cottage Rent – Rental income received from the tenants.
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Churchyard expenses – includes general churchyard maintenance costs. There have been no capital improvements funded in 2021.
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Mission and other Charitable Donations – includes all costs associated with delivering our mission.
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Church Hall Expenses – normal revenue costs associated with the running of the hall – utilities, cleaning, insurance etc.
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Church Hall Maintenance – costs associated with maintaining the Hall.
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Ralph Cottage Expenses – normal revenue costs associated with the cottage such as insurance, repair of broken windows and handyman costs for example.
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Ralph Cottage Maintenance – covers periodic repairs to the cooker, boiler, and work to the perimeter fences and hedges.
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Church Hall Refurbishment – included here are costs of capital works improvements which have been set against the Restricted Fund established following a donation in 2016. During 2021 the improvements to the Hall garden area were completed as the final phase of this work. The Restricted Fund is now exhausted.
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St Peter’s Church Woodmansterne
Woodmansterne Lane, Woodmansterne, Surrey SM7 3NL
Statement of the Final Accounts for the Year Ending 31 December 2021
Registered Charity Number 1150826
Receipts and Payments Account
| Receipts Regular Giving Excluding Gift Aid HMRC Gift Aid Mission Collections Donations and Grants Magazine Sales Magazine Advertisements Bus Stop Café Investment Interest Ralph Cottage Rent Hall Hire Weddings and Funerals Hall key deposits Total Receipts Payments Parish Support Fund Child and Family Minister (CFM) Organ and Choir Church Expenses Ministers Expenses Churchyard Expenses Books, Printing and Stationery Bus Stop Café Flowers Messy Church Mission Giving Church Hall Expenses Church Hall Maintenance Ralph Cottage Expenses Ralph Cottage Maintenance Total Normal Payments Special considerations Church Hall Refurbishment Church Fabric Works Defibrillator Totals Total Payments Excess expenditure over income |
2021 Unrestricted Designated Restricted Total |
|---|---|
| 83,441 300 4,910 88,651 160,353 2021 2020 Unrestricted Designated Restricted Total Totals 50,000 0 0 50,000 68,000 22,130 0 4,265 26,395 27,271 1,310 0 504 1,814 1,801 14,208 0 0 14,208 11,585 933 0 0 933 527 1,500 0 0 1,500 7,136 1,236 0 0 1,236 1,121 338 0 0 338 185 68 0 0 68 237 14 0 0 14 231 1,156 0 0 1,156 3,570 5,688 0 0 5,688 5,755 1,050 0 0 1,050 53 625 0 0 625 267 2,230 0 0 2,230 0 |
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| 102,486 0 4,769 107,255 127,739 2,457 0 11,770 14,227 1,478 0 2,108 0 2,108 1,440 0 300 0 300 0 |
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| 2,457 2,408 11,770 16,635 2,918 104,943 2,408 16,539 123,890 130,657 |
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| 21,502 2,108 11,629 35,239 -29,695 |
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St Peter’s Church Woodmansterne Woodmansterne Lane, Woodmansterne, Surrey SM7 3NL Registered Charity Number 1150826
Statement of the Final Accounts for the Year Ending 31 December 2021
Statement of Assets and Liabilities as at 31 December 2021
| Tangible Fixed Assets Ralph Cottage Church Hall and car park Current Assets Short Term Deposits NS&I Total short-term deposits Cash at bank in hand – CAF Accounts Total cash Total assets Liabilities falling due within one year Total Assets less Current Liabilities |
2021 2020 405,000 405,000 1,520,000 1,520,000 1,925,000 1,925,000 Note 1 0 30,550 0 30,550 88,703 93,392 88,703 123,942 2,013,703 2,048,942 0 0 2,013,703 2,048,942 |
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Note 1: The Fixed Assets were not re-valued in 2021.
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St Peter’s Church Woodmansterne
Woodmansterne Lane, Woodmansterne, Surrey SM7 3NL Registered Charity Number 1150826
Statement of the Final Accounts for the Year Ending 31 December 2021
| 2022 Proposed Budget Receipts Regular Giving Excluding Gift Aid HMRC Gift Aid Mission Collections Donations and Grants Magazine Sales Magazine Advertisements Bus Stop Café Investment Interest Ralph Cottage Rent Church Hall Lettings Weddings and Funerals Hall key deposits Total Receipts Payments Parish Support Fund Child and Family Minister (CFM) Costs Organ and Choir Church Expenses Ministers Expenses Churchyard Expenses Books, Printing and Stationery Bus Stop Café Flowers Messy Church Mission and other Charitable Donations Church Hall Expenses Church Hall Maintenance Ralph Cottage Expenses Ralph Cottage Maintenance Total Special considerations for 2021 Church Hall Refurbishment Church Fabric Works Defibrillator East Wall Design and Costing Phase Total Grand total payments Excess expenditure over income |
2021 2022 Budget Actual Budget 52,000 38,915 41,856 13,500 12,658 10,740 750 14 0 5,000 11,548 3,960 0 60 0 0 0 0 1,000 919 804 50 10 12 16,200 16,200 16,200 4,000 3,923 5,065 2,500 4,384 3,238 0 20 0 |
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| 95,000 88,651 81,875 2021 2022 Budget Actual Budget 60,000 50,000 60,000 27,500 26,395 11,664 1,800 1,814 1,814 16,112 14,208 14,199 700 933 1,200 2,250 1,500 1,500 1,000 1,236 1,104 300 338 600 300 68 429 200 14 200 4,370 1,156 380 5,500 5,688 7,657 0 1,050 1,212 267 625 1,000 2,500 2,230 4,500 |
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| 122,799 107,255 107,459 2021 2022 Budget Actual Budget 11,770 14,227 0 0 2,108 0 0 300 0 - - 9,941 |
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| 11,770 16,635 9,941 |
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| 134,569 123,890 117,400 39,569 35,239 35,525 |
Note: Due to the expected deficit in 2022, capital projects will only be funded to the extent available from the relevant Restricted or Designated Fund.
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St Peter’s Church Woodmansterne
Woodmansterne Lane, Woodmansterne, Surrey SM7 3NL Registered Charity Number 1150826
Statement of the Final Accounts for the Year Ending 31 December 2021
Financial Statements for the Year Ended 31 December 2021
| Analysis of Receipts and Payments RECEIPTS Voluntary Income Regular Giving-includes SOs, All other giving Gift aid recovered Revenue Generating Activities Hall Lettings Parish magazine adverts Parish magazine sales Bus Stop Café Income from Investments Ralph Cottage Rent Interest Income from Church Activities Weddings and Funerals Hall key deposits Total Receipts |
Unrestricted Designated Restricted Total 2021 Total 2020 Funds Funds Funds £ £ £ £ £ 35,135 240 3,540 38,915 41,564 11,062 0 500 11,562 75,809 11,748 60 850 12,658 19,672 |
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| 57,945 300 4,890 63,135 137,045 3,923 0 0 3,923 3,663 0 0 0 0 0 60 0 0 60 455 919 0 0 919 749 |
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| 4,902 0 0 4,902 4,866 16,200 0 0 16,200 16,200 10 0 0 10 268 |
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| 16,210 0 0 16,210 16,468 4,384 0 0 4,384 1,934 0 0 20 20 40 |
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| 4,384 0 20 4,404 1,974 |
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| 83,441 300 4,910 88,651 160,353 |
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St Peter’s Church Woodmansterne
Woodmansterne Lane, Woodmansterne, Surrey SM7 3NL
Registered Charity Number 1150826
Statement of the Final Accounts for the Year Ending 31 December 2021
| Analysis of Receipts and Payments PAYMENTS Church Activities Mission giving and donations Costs of generating funds Ralph Cottage Costs (Includes maintenance) Bus Stop Café Costs Ministry Parish Support Fund Clergy and staffing costs Church Running and Maintenance Organist and Choir Messy Church Printing and Stationery Church running expenses Churchyard Hall running costs (Includes maintenance) Total Normal Payments Special Projects Church Hall Refurbishment Church Fabric Works Defibrillator Total for Church Activities Excess expenditure over income |
Unrestricted Designated Restricted Total 2021 Total 2020 Funds Funds Funds 1,156 0 0 1,156 3,570 |
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| 1,156 0 0 1,156 3,570 2,855 0 0 2,855 267 338 0 0 338 185 |
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| 3,193 0 0 3,193 452 50,000 0 0 50,000 68,000 23,063 0 4,265 27,328 27,798 |
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| 73,063 0 4,265 77,328 95,798 1,310 0 504 1,814 1,801 14 0 0 14 231 1,236 0 0 1,236 1,121 14,276 0 0 14,276 11,822 1,500 0 0 1,500 7,136 6,738 0 0 6,738 5,808 |
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| 25,074 0 504 25,578 27,919 |
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| 102,486 0 4,769 107,255 127,739 2,457 0 11,770 14,227 1,478 0 2,108 0 2,108 1,440 0 300 0 300 0 |
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| 2,457 2,408 11,770 16,635 2,918 |
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| 104,943 2,408 16,539 123,890 130,657 |
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| 21,503 2,108 11,629 35,239 -29,695 |
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St Peter’s Church Woodmansterne
Woodmansterne Lane, Woodmansterne, Surrey SM7 3NL Registered Charity Number 1150826
Statement of the Final Accounts for the Year Ending 31 December 2021
| Financial Statements for the Year Ended 31 December 2021 | Financial Statements for the Year Ended 31 December 2021 | ||||
|---|---|---|---|---|---|
| Further analysis | |||||
| RECEIPTS | Unrestricted | Restricted | Designated | Total 2021 | Total 2020 |
| Funds | Funds | Funds | |||
| Voluntary Income | 57,945 | 300 | 4,890 | 63,135 | 137,045 |
| Revenue Generating Activities | 4,902 | 0 | 0 | 4,902 | 4,866 |
| Income from Investments | 16,210 | 0 | 0 | 16,210 | 16,468 |
| Income from Church Activities | 4,384 | 0 | 20 | 4,404 | 1,974 |
| Total Receipts | 83,441 | 300 | 4,910 | 88,651 | 160,353 |
| PAYMENTS | |||||
| Church Activities | 1,156 | 0 | 0 | 1,156 | 3,570 |
| Costs of generating funds | 3,193 | 0 | 0 | 3,193 | 452 |
| Ministry | 73,063 | 0 | 4,265 | 77,328 | 95,798 |
| Church Running and Maintenance | 25,074 | 0 | 504 | 25,578 | 27,919 |
| Special Projects | 2,457 | 2,408 | 11,770 | 16,635 | 2,918 |
| Total Payments | 104,943 | 2,408 | 16,539 | 123,890 | 130,657 |
| Excess expenditure over income | 21,503 | 2,108 | 11,629 | 35,239 | -29,695 |
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St Peter’s Church Woodmansterne Woodmansterne Lane, Woodmansterne, Surrey SM7 3NL Registered Charity Number 1150826
Statement of the Final Accounts for the Year Ending 31 December 2021
Notes to Financial Statements for the Year Ended 31 December 2021
1. The financial statement of the PCC has been prepared in accordance with the Handbook of the Association of Church Accountants and Treasurers April 2017 on a Receipts and Payments basis. They also comply with the requirements of the Diocese and the Charities Commission.
2. Fixed assets retained for the church are the freehold of Ralph Cottage, Rectory Lane, Woodmansterne, and the Church Hall at their current estimated value.
3. Funds: General Funds represent the funds of the PCC that are not subject to any restrictions regarding their use. Restricted and Designated funds are held for specific projects as instructed, usually by the donor (Restricted) or as agreed by the PCC (Designated). The amounts, fund titles and movements in the funds are set out below. The BM Summer Camps Designated Fund was closed in 2021 and the remaining amount became General Funds as the PCC determined this activity was not likely to be needed any more.
4. Due to the COVID-19 pandemic the Church and Hall were both closed for parts of 2021. This significantly reduced income from Church activities and Hall Lettings although Regular Giving and Donations continued. Where possible, expenses were limited to the necessary fixed costs during the closure periods.
Restricted and Designated Funds
| Restricted Funds - Gross (Includes GA) Hall CFM Messy Church Hall Key Deposits East Wall Fund Clock Repair Fund Fabric - Legacy Organ maintenance - Legacy Total Restricted Funds Designated Defibrillator Church Fabric Repair BM Summer Camps - Legacy Total Designated Funds Total Restricted and Designated General Fund |
Amounts from Changes in 2021 Transfers 2020 Additions Reductions In Out Balance 11,770 0 14,227 2,457 0 0 0 4,265 26,395 22,130 0 0 1,002 0 14 0 0 988 340 20 0 0 0 360 31,250 0 0 0 0 31,250 0 625 0 0 0 625 50 0 0 0 0 50 6,142 0 504 0 0 5,638 |
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| 50,553 4,910 41,140 24,587 0 38,910 770 0 300 0 0 470 7,225 300 2,108 0 0 5,417 2,800 0 2,800 0 0 0 |
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| 10,795 300 5,208 0 0 5,887 |
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| 61,349 5,210 46,348 24,587 0 44,797 |
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| 62,594 83,441 77,542 24,587 43,906 |
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St Peter’s Church Woodmansterne Woodmansterne Lane, Woodmansterne, Surrey SM7 3NL Registered Charity Number 1150826 Statement of the Final Accounts for the Year Ending 31 December 2021
Signed on behalf of the Parochial Church Council (PCC) of St Peter’s Church Woodmansterne by;
John Itumu – Rector and Chair of the PCC
Alan Carter - Treasurer
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St Petérfs Church Woodmansternè Woodmansterne Lane, Woodmanstèrné, Surréy SM7 3NL Registered Charity Number 1150826 Statement of the Final Accounts for the Year Ending 31 December 2021 Independent Examinerfs report to the Parochial Church Council IPCCI of St Peterf5 Church, Woodmansterne, Surrey This report on the Accounts of the PCC for the year ended 3151 December 2021, which are set out on the preceding pages. is in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 Ithe regu13tions1 and Section 145 of the Charities Act 2011 (the Act). Responsibilities and ba515 of report A5 the membefs of the PCC and trustees, you are responsible for the preparation of the Accounts in accordance with the requirements of the Charities Act 2011 (the Act). You consider that the audit requirements of Section 142121 of the Charities Act 2011 do not apply. I report in respect of my examination of the Pcc's accounts as required under Sertion 145 of the 2011 Act and in carrying out the examination I have followed all the applicable Directions given by the Charity Commission under Section 14515llbl of the Act. Independent examinerfs statement I have completed my examination. I confirm that no matters came to my attention in connection with the examination giving me cause to believe that in any material respect.. l. Accounting records were not kept in respect of the PCC as required by Section 130 of the Act,. or 2. That the accounts do not accord with those accounts- or 3. That the accounts do not comply with the applicable requirements concerning the form and content of the accounts set out in the Charitie5 (Accounts and Reportsl Regulations 2008 other than the requirement that the accounts give a 'true and fair view, which 15 not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. David Wheeler FCCA Cheeld Wheeler & Co Chartered Certified Accountants Goodman House 13a West Street Reigate Surrey RH29BL Dated Page 10
St Peter’s Church Woodmansterne Woodmansterne Lane, Woodmansterne, Surrey SM7 3NL Registered Charity Number 1150826
Statement of the Final Accounts for the Year Ending 31 December 2021
Appendix I: List of Names of the Trustees
| Name | Date of Appointment |
|---|---|
| Barry Griffith | 10th January 2013 |
| Susan Knight | 6thApril 2014 |
| Rev. John Itumu | 3rdMarch 2020 |
| Nigel Pierce | 10thJanuary 2013 |
| Alan Carter | 15thSeptember 2020 |
| Rachel Gardner | 19thApril 2015 |
| Sandra Hopkins | 7thMarch 2021 |
| Douglas Marshall | 10thJanuary 2013 |
| Lucinda Ayles | 22ndApril 2018 |
| Simon Haysom | 10thJanuary 2013 |
| Gill See | 10thJanuary 2013 |
| Brian Pierce | 10thJanuary 2013 |
| Lewis White | 22ndApril 2018 |
Note: This lists the Trustees that were in place following the Annual Parochial Church Meeting held on 7[th] March 2021. Brian Pierce passed away in August 2021.
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St Peter’s Church Woodmansterne Woodmansterne Lane, Woodmansterne, Surrey SM7 3NL Registered Charity Number 1150826
Statement of the Final Accounts for the Year Ending 31 December 2021
Appendix II: Bank Account Summary
| NS&I 138000600 CAF 1 CAF 2 CAF 3 |
Opening Balances 01/01/2021 Receipts (including Transfers) Payments (including Transfers) Interest (included in Receipts) Closing Balances 31/12/2021 30,549.57 2.09 30,551.66 2.09 0.00 5,484.56 152,578.00 154,441.66 0.00 3,620.90 36,696.87 51,145.41 59,000.00 3.49 28,842.28 51,211.09 46,756.02 41,727.00 4.36 56,240.11 |
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| 123,942.09 250,481.52 285,720.32 9.94 88,703.29 |
Note: Due to our deteriorating financial position the Trustees agreed to close the NS&I Investment Account and make the funds accessible for day-to-day needs. The account was closed on 8[th] September 2021 and the total amount of £30,551.66 was paid into the CAF 1 Account and then transferred to the interest-bearing CAF 3 Account.
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